Investment Commission postpones review of CNS-Far EasTone deal

By: Central News Agency
Date: 2016-09-20
By: Huang Chiao-wen and Y.F. Low

The Investment Commission under the Ministry of Economic Affairs on Tuesday decided to postpone its review of a controversial plan by Far EasTone Telecommunications Co. to acquire a stake in cable TV operator CNS.

The case will be returned to the National Communications Commission (NCC) for reconsideration, Investment Commission Executive Secretary Emile Chang(張銘斌)said.

CNS is the largest cable TV operator in Taiwan, with a customer base of 1.29 million households, accounting for about 26 percent of the local cable TV market share.     [FULL  STORY]

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